BRATISLAVA, Feb 17 (Reuters) - Here are news stories, press
reports and events to watch which may affect Slovak financial
markets on Tuesday.
PARLIAMENT SESSION
Parliament will continue in regular monthly session, 0800
GMT.
FINMIN ON ECONOMIC OUTLOOK
Zdenko Krajcir, the finance ministry's chief economist, will
address a conference on 2009 economic outlook, 0900 GMT.
SLOVAKIA SELLS 40 MLN EUROS IN 6-YEAR BONDS
Slovakia sold 40 million euros ($51.04 million) worth of
six-year, floating-coupon state bonds in an auction on Monday,
the Finance Ministry's Debt and Liquidity Management Agency
said.
[] []
SLOVAKIA CANCELS T-BILL AUCTION, HAS ENOUGH FUNDS
Slovakia has cancelled an auction of treasury bills planned
for February 23 because of a surplus of short-term liquidity,
the finance ministry's debt agency (ARDAL) said on Monday.
[] []
U.S., BELGIAN, SLOVAK 5-YR CDS HIT RECORD HIGHS -CMA
The costs of protecting U.S., Belgian ans Slovak government
debt against default rose to a record high on Monday, according
to monitor CMA DataVision.
[] []
PRESS DIGEST
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EURO BOOSTS LABOUR COST
Euro adoption is removing Slovakia's advantage of cheaper
workforce because of weakening neighbouring currencies, analysts
say. Slovakia is already more expensive in terms of labour force
than Hungary and Poland, and only slightly cheaper than Czech
Republic.
Sme, page 7
BUSINESS SENTIMENT DOWN
Some 80 percent of Slovakia's businesses said they felt
impact of global crisis at the start of February, up from 58
percent in October, a survey by the Slovak Business Alliance
showed. Businesses cited weak demand, limited access to loans as
key problems.
Sme, page 7
PENSION SYSTEM CHANGES
The government is considering changing the parametres of the
private pension system to curb the deficit in the pay-as-you-go
system.
Sme, page 6
SAMSUNG SLOVAKIA REVENUES UP
The Slovak factory of South Korean electronics company
Samsung Electronics <005930.KS> reported a 3.2 percent annual
rise in revenues in 2008, totalling 3.39 billion euros.
Production of TV-sets rose by 35 percent to 5.8 million units.
Pravda, page 35
CAR POLICY
The government will consider changes to VAT policy on new
cars as part of measures aimed at supporting the economy. The
VAT is now 19 percent, but businesses get a refund from the
state for utility vehicles.
Hospodarske Noviny, page 1
Reuters has not verified the media reports and does not
vouch for their accuracy.
For news on upcoming events in the United States and other
Group of Seven countries, see <G7TODAY>. For a diary of
forthcoming Slovak events, double click [], and a
calendar of east European economic indicators, see [].
News editor of the day: Peter Laca on +421 2 5341 8402; fax:
+421 2 5341 8403
E-mail: editorial@reuters.sk
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